I can't see a scenario where they won't hit $13M - it's 2 months from year end so the company will know their Q3 results and what works are on the books for the next 2 months.
The drop in forecast is only due to a couple months delay in projects, not cancelled projects. 2013 will be huge for the company - my expectation is NPAT mid 20's for FY13 based on the pipeline and existing contracted works. Hopefully some guidance is released with the Year End results in August, but I suspect we may be waiting until the AGM to get guidance.
Will be interesting to see how the market reacts today.
AZG Price at posting:
17.5¢ Sentiment: LT Buy Disclosure: Held
